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Hi, I'm a relatively new real estate investor. I'm interested in a property that I would purchase for $35,000 with a rehab budget of $30,000. The house should sell for $140,000. I have the cash on hand to fund $40k...
Will try not to waste people’s time with unnecessary details. Basically, I am embarking on a project where I am entitled to 50% of the property, and I am needing to use hard money to borrow fix-up costs to get the pro...
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Hey guys. I'm a rookie investor/agent mostly interested in multifamily for cash flow. I came across this 20 unit portfolio on my local MLS, and reached out to the listing agent. They said they would be willing to do s...
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Is there some special consideration you give this? I looked at an REO today with Extreme mold. I mean I've never seen anything like it. Supposedly the pipes burst, to me it looks like someone turned the water on and w...
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Hello Friends,
I am pretty much starting out my journey in real estate investing and hence posting this question:- Does getting a real estate license, passing the exam and becoming a realtor provide any sort of edge ...
Does any BP member has professional experience dealing with large scale land subdivision projects? I found very little information about that subject on the forum.I've ran a few successful subdivision projects back in...
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Im a newbie but work with me I’m putting things in action! I just sent my first 600 direct mails on Monday and have gotten a few calls already... I have a question regarding how to negotiate with a seller once you’ve ...
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I am looking at a property that is a legal 2-unit apartment with an illegal basement in Chicago. I ran the numbers and it looks like a good deal, even without including the income from the basement (~$500/mo positive ...
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we are currently discussing purchasing an existing LLC that has had an offer accepted on a REO.
we need to purchase the LLC because the contract is not assignable to my IRA.
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Hello fellow BP community!Does anyone have any experience and advice regarding Change Orders that were completed prior to and without approval from the Owner?I recently received two rather large change orders on a fli...